# Baht unchanged, but ‘could weaken’

> The baht opened at 30 per US dollar on Thursday, February 4, 2021, unchanged from the prior close. Analysts expected it to weaken to at most 30.10 as reflation trades reduced and foreign fund outflows could follow, with US jobs data and crude near $58.70 supporting sentiment.

- Date: 2021-02-04 · published 2021-02-04T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/48908-baht-unchanged-but-could-weaken
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Possible baht weakening would slightly raise the local cost of dollar-denominated feed imports, but the expected move is small.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- nationthailand.com: https://www.nationthailand.com/in-focus/30402227

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.